Sally Beauty (NYSE:SBH) Cut to Hold at Wall Street Zen

Sally Beauty (NYSE:SBH) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Other analysts have also recently issued research reports about the company. Zacks Research cut Sally Beauty from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Raymond James Financial raised Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 price objective on the stock in a research report on Wednesday, January 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Morgan Stanley boosted their target price on shares of Sally Beauty from $14.00 to $16.00 and gave the stock an “underweight” rating in a report on Tuesday. Finally, Jefferies Financial Group restated a “hold” rating and issued a $16.00 price target on shares of Sally Beauty in a report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Sally Beauty has a consensus rating of “Hold” and an average price target of $16.58.

Sally Beauty Trading Up 7.2%

NYSE SBH opened at $16.32 on Friday. Sally Beauty has a one year low of $7.54 and a one year high of $17.92. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.54 and a current ratio of 2.37. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 9.27 and a beta of 1.16. The company’s 50-day simple moving average is $15.44 and its two-hundred day simple moving average is $14.76.

Sally Beauty (NYSE:SBH) last released its quarterly earnings data on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The firm had revenue of $943.17 million for the quarter, compared to the consensus estimate of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm earned $0.43 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. Equities analysts forecast that Sally Beauty will post 1.81 EPS for the current fiscal year.

Insider Activity

In other news, SVP Scott C. Sherman sold 15,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the transaction, the senior vice president owned 57,585 shares in the company, valued at $936,907.95. This represents a 20.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Kim Mcintosh sold 5,900 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total transaction of $92,689.00. Following the sale, the chief accounting officer directly owned 21,295 shares in the company, valued at approximately $334,544.45. This represents a 21.70% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Sally Beauty

A number of large investors have recently made changes to their positions in the stock. Larson Financial Group LLC increased its position in shares of Sally Beauty by 392.5% in the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 1,519 shares during the period. iSAM Funds UK Ltd acquired a new position in shares of Sally Beauty in the third quarter valued at about $35,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of Sally Beauty in the fourth quarter valued at about $36,000. Osaic Holdings Inc. raised its stake in shares of Sally Beauty by 1,365.0% in the second quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 2,730 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Sally Beauty during the second quarter worth about $34,000.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.